For Sale Commercial MLS# 26102897

802 E Gage Avenue

Los Angeles, CA 90001

$3,650,000

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About 802 E Gage Avenue

Pleased to present 802 E Gage Ave, a 20,640 SF brick industrial complex on a 40,254 SF (0.93-acre) fenced corner lot at Gage Avenue and McKinley Avenue in the Florence-Firestone industrial pocket of South Los Angeles. Zoned M3-2D-CPIO theCity's heavy-manufacturing designation and located within a federal Opportunity Zone, the Property comprises five to six interconnected single-story structures built in 1924, with 800-amp, 480-volt three phase power, three ground-level loading doors and a 7,200 SF sprinklered, air-conditioned suite with a 19-foot high-bay room.The offering is positioned for an owner-user. The Property can be delivered vacant within 60 days of close of escrow at the buyer's election, or acquired with in-place month-to-month income during lease-up. At the asking price of $3,650,000 - $177 per building SF and $91 per SF of land - the basis sits below the $104-$175 per land SF at which comparable improved properties have traded since 2025, and well below the estimated cost to replicate the land and improvements. Manufacturers, food and beverage producers and creative production users will find a rare combination here: heavy power, broad industrial zoning, a secured yard and immediate access to the Alameda Corridor, the Harbor Freeway and Downtown Los Angeles, five miles north. TheProperty is a lender-owned (REO) disposition, offered as-is with a clear path to close.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1924
Stories
1
Living area
20,640 sqft
Price / sqft
$177
Lot
0.9267
Original price
$3,650,000
MLS #
26102897

Exterior & lot

Features
Parking spaces: 15
Construction
1
Lot
LAM3

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Electricity Available, Heavy
Security
Fire Sprinkler System

Financial

Parcel
6007015027
Special conditions
Real Estate Owned

Location

Area
C42 - Downtown L.A.
County
Los Angeles
Neighborhood
Florence
Community
0.0
Directions
From I-110, exit onto Slauson Ave and head east. Turn right onto Avalon Blvd, then left onto E Gage Ave. Continue east to McKinley Ave. The property is located at the corner of E Gage Ave and McKinley Ave.

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Listed by Joseph Bolognese, Saxum West

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.